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the mandatory spending programs, get a net deficit reduction package. if they can get that's a good deal. >> but they can't. of course you're right about the defense and buck mccann is right. if you look at the line, if you look at the base line, they're up 19% over the next bunch of years out the 2021 or something. 2014 they take another hit. i get that. however from that base it rises about 18 or 19%. that's pretty good. >> the other argument for getting the deal is that these discretionary cuts are written on paper. every congress can undo them. if you start changing the federal retirement program, it sticks. if you start changing aviation fees it sticks. if you change the mandatory programs like farm or spectrum rights they stick. you change the long term as well as the short term. it's worth trying to get a deal. not every deal is acceptable. the parties are very far apart on the big items. so if there's a small deal where you can get enough overlap and get each side to take some bad votes it's worth trying to get it done. >> let me go back to you
the mandatory spending programs, get a net deficit reduction package. if they can get that's a good deal. >> but they can't. of course you're right about the defense and buck mccann is right. if you look at the line, if you look at the base line, they're up 19% over the next bunch of years out the 2021 or something. 2014 they take another hit. i get that. however from that base it rises about 18 or 19%. that's pretty good. >> the other argument for getting the deal is that these...
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Dec 3, 2013
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none of them want a trade deficit. the country with the largest trade deficit on the planet is america. and this is going to ask american workers to compete with workers in brunei, with workers in vietnam. that just can't happen. and i think this is going to be a bad deal. and there are issues in that deal. what do we do about state-owned enterprises? we're going to compete against a country, company against a country? what are we going to do about currency manipulation? all of these things are in the competitive market. this is a bad deal being negotiated in secret. i'm glad you're exposing it. >> explain where president obama is on this. he has stated that he wants to get fast tracked before the end of the year. >> i don't think we can give them fast track. these kind of trade deals -- let's back up a bit. these are treaties between countries. and a treaty should come to congress. they tried to bypass congress by having so-called fast track. they cut congress right out of the deal. and i want my congress person wheth
none of them want a trade deficit. the country with the largest trade deficit on the planet is america. and this is going to ask american workers to compete with workers in brunei, with workers in vietnam. that just can't happen. and i think this is going to be a bad deal. and there are issues in that deal. what do we do about state-owned enterprises? we're going to compete against a country, company against a country? what are we going to do about currency manipulation? all of these things are...
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Dec 7, 2013
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he phil dent and that was the game-winner, they came back from may deficit. the final his five- storyscore was 5-3. >> just plain bad luck for the united states soccer team netherworld cup draw today. head coach jurgen klinnsman and his 14th ranked squad will first square off against ghana. a team that eliminated team usa in both the 2006 and 2010 world cups. >> tiger woods turn back the clock would 10 birdies spread was playing at one of his favorite courses, sherwood country club in thousand oaks. >>> "omg! insider," the top trending stories you need to know. >> i hope the world will never forget nelson mandela. >> remembering nelson mandela. >> the stars paying respects after his family and the world learned of his passing at the mandela movie premiere. >> extremely sad and tragic news. >> how the loss of the beloved leader is affecting hollywood. >> he proved what a difference one person can make. >>> new details on a fan memorial for paul walker. >> and who allegedly stole crash scene evidence then posted this disturbing photo. >>> then my new york tea w
he phil dent and that was the game-winner, they came back from may deficit. the final his five- storyscore was 5-3. >> just plain bad luck for the united states soccer team netherworld cup draw today. head coach jurgen klinnsman and his 14th ranked squad will first square off against ghana. a team that eliminated team usa in both the 2006 and 2010 world cups. >> tiger woods turn back the clock would 10 birdies spread was playing at one of his favorite courses, sherwood country club...
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Dec 7, 2013
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good debate, on capitol hill, republicans are hesitant to spend anymore money that would add to the deficit. this would cost tens of billions of dollars added to the debt, so it would be a major shift for them to refuse to do it now especially with only a handful of weeks to go. there are a lot of people counting on those amounts right now. >> it would cost 20 billion to extend the benefits, which would expire by the 28th. >> last week we saw democrats ease up on some of their concerns. they originally wanted this unemployment benefits extension to be attached to this small-scale budget deal that is now in the works on capitol hill. they thought that would be a good show toward unemployment to include their interests in the budget deal. but later in the week they said actually it is okay. if the budget deal goes through without this section as long as we can pass it another way, that is all right. so i think it makes it much more likely we'll see the extension in some form or another in two weeks, again, we don't have much time before the lawmakers leave for the holidays. >> we don't, they'
good debate, on capitol hill, republicans are hesitant to spend anymore money that would add to the deficit. this would cost tens of billions of dollars added to the debt, so it would be a major shift for them to refuse to do it now especially with only a handful of weeks to go. there are a lot of people counting on those amounts right now. >> it would cost 20 billion to extend the benefits, which would expire by the 28th. >> last week we saw democrats ease up on some of their...
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Dec 6, 2013
12/13
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so if there's a regional deficit, the pain will be shared in terms of frankly rolling blackouts if it comes to that. we can hope for a cool summer in the summer of 2016, but that's not necessary a prudent approach. so with that i would be happy to answer any questions at the appropriate time. >> thank you, mr. moeller. our next witness is mr. john norris. you are recognized for five minutes. >> good morning, chairman whitfield, ranking member mcnerney, and members of the subcommittee. thank you calling this thing. and the opportunity to testify. as i acknowledged in a written test with their significant changes occurring on our energy landscape. the operation of our energy system in america has experienced in my view only modest incremental change over the last many decades. yet in recent years the rapid development of new technologies is bringing much more rapid change to the system. that change can be disruptive. i think embracing these changes will allow a much more efficient utilization of our energy resources. the challenge before us i believe is to enable our system to be more e
so if there's a regional deficit, the pain will be shared in terms of frankly rolling blackouts if it comes to that. we can hope for a cool summer in the summer of 2016, but that's not necessary a prudent approach. so with that i would be happy to answer any questions at the appropriate time. >> thank you, mr. moeller. our next witness is mr. john norris. you are recognized for five minutes. >> good morning, chairman whitfield, ranking member mcnerney, and members of the...
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republicans in congress more than president obama on budget issues, on the economy, on health care, on the deficit. that's very specific and has an impact on next year's elections. >> tonight, chris will afford us all the opportunity to watch the president of the united states. >> "hardball" is kicking you know what? it's kicking it old school, man. remember we used to watch "who wants to be a millionaire" and regis had to be on every night. chris was on at 2:00 and 3:00, 12 times a day. he's on 7:00 now. boom. the number one show. >> more popular than peanut butter and jelly sandwiches. >> you embarrass me, joe. >> not so easily embarrassed, chris. i assure our audience. >> i think it's interesting, joe. you ask the greatest question tonight. you know the business. i don't usually need them. i enjoy just duking it out with politicians at a distance. i don't need to beg them to come on my show. i always thought, i see the president pop up on different kind of show, entertainment shows like letterman and leno and i'm thinking why can't we get them. they made some decisions in the white house and ma
republicans in congress more than president obama on budget issues, on the economy, on health care, on the deficit. that's very specific and has an impact on next year's elections. >> tonight, chris will afford us all the opportunity to watch the president of the united states. >> "hardball" is kicking you know what? it's kicking it old school, man. remember we used to watch "who wants to be a millionaire" and regis had to be on every night. chris was on at 2:00...
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Dec 7, 2013
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we are in the rain deficit. i know we like to talk about the snow in the higher el visions, but this is much- needed rain fall. timing not so great, but here it is. look at that radar lighting up. the boundary itself, the front is through the north bay. you have seen the market decrease. you have to go through the boundary in concord, louisiana fayette, san ramon, and richmond, also picking up a lot of showers. vallejo and look at the south bay. look at the radar down there. in san jose, palo alto, fremont, union city, there is heavy rain fall out there and heavy rain still to come. one place getting a break would be on the other side of that boundary. you are drying out a bit. snowed earlier today. now overnight tonight with the cloud cover, it will not be as cold. widespread 30s, but not a freeze. another freeze is coming tomorrow night. vallejo tomorrow morning. redwood city 49. there's a strong area of low pressure which has hopped aboard the jet stream. we established the jet stream to the south in mexico b
we are in the rain deficit. i know we like to talk about the snow in the higher el visions, but this is much- needed rain fall. timing not so great, but here it is. look at that radar lighting up. the boundary itself, the front is through the north bay. you have seen the market decrease. you have to go through the boundary in concord, louisiana fayette, san ramon, and richmond, also picking up a lot of showers. vallejo and look at the south bay. look at the radar down there. in san jose, palo...
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Dec 6, 2013
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it is time to stop the obsession with deficits and start an obsession about middle-class job creation. >> well, governor granholm, i'm going to give the president credit for these numbers -- >> stop the presses -- >> but this nation is still woefully unemployed. he has to take credit for that, too. i know his numbers could not have come at a better time for an administration that's had a rough couple months. in the crossfire tonight, a pair of economic experts, david madlin director of the american worker project for the center of political progress. >> and david, let me start with you. even though this morning's jobs numbers sound rea
it is time to stop the obsession with deficits and start an obsession about middle-class job creation. >> well, governor granholm, i'm going to give the president credit for these numbers -- >> stop the presses -- >> but this nation is still woefully unemployed. he has to take credit for that, too. i know his numbers could not have come at a better time for an administration that's had a rough couple months. in the crossfire tonight, a pair of economic experts, david madlin...
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Dec 2, 2013
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and governor of ohio with the largest deficit in our history now balanced with a surplus, we want to get them to focus on doing their job. we all have to get behind this, republican governors, democratic governors. we have $17 trillion debt. it is sucking a lot of the life out of our country. we have the chinese using american dollars that they take from us to recycle in places around the world with the influence they have. we've got to balance the budget. it will restrain them. it will lead to greater economic growth. it is time to get back on this again. i think it is one of the most important issues the country faces. it will be interesting to see if democrats and if liberals recognize the fact at some point they have to be responsible in that town and meet the challenge of these deficits. >> you have been fighting it your entire public life. that is exciting. let me ask you. i have been struck since i'm in here by how many people are concerned that the republican party will repeat the same mistake in washington, d.c. that they made over the last several months. you know, the gove
and governor of ohio with the largest deficit in our history now balanced with a surplus, we want to get them to focus on doing their job. we all have to get behind this, republican governors, democratic governors. we have $17 trillion debt. it is sucking a lot of the life out of our country. we have the chinese using american dollars that they take from us to recycle in places around the world with the influence they have. we've got to balance the budget. it will restrain them. it will lead to...
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Dec 5, 2013
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host: yet the deficit is a problem. k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that we have lost that would otherwise should take in. other than defense, there is waste and inefficiencies in a wide range of domestic spending programs. i am willing to take a look at almost everything. i think the demonization of social security and medicaid are inappropriate. they are not responsible for the deficit problem we have right now. ronald reagan in a debate with walter mondo and clear social security has nothing to do with the deficit. it was true then and it is true now. att in plano, texas. caller: thank you for takin
host: yet the deficit is a problem. k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that...
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Dec 4, 2013
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october trade balance is a deficit of 40.6 billion. extremely close to expectations. last month ramped up a bigger red tape from originally released 41.8 to 43 billion. how does 46 fit in? not going to change the recent range. august 38 and change and been as high this year in the 43 area just like the revision last month. it still isn't negative news. foreign exchange is going to be a big gi. japanese will reintroduce a new r generation. watch the currency as we strengthen exports. it's going to be a big issue along with european banks next year. >> thank you rick. see you later buddy. >> see you later joe. >>> the the brightest minds leading to charge the disrupt, innovate, reimagine the way we learn. our next guest gave up tenor. he found google x. thank you for being here today. >> it's great. >> let's talk about how you struck out from stanford on your own to start this project. you were tenor there, had a great gig. you did an experiment in 2011 you put a class online, offered artificial intelligence. who showed up to do that class? >> we sent e-mail this class
october trade balance is a deficit of 40.6 billion. extremely close to expectations. last month ramped up a bigger red tape from originally released 41.8 to 43 billion. how does 46 fit in? not going to change the recent range. august 38 and change and been as high this year in the 43 area just like the revision last month. it still isn't negative news. foreign exchange is going to be a big gi. japanese will reintroduce a new r generation. watch the currency as we strengthen exports. it's going...
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Dec 10, 2013
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trade deficit has exploded. since nafta and w.t.o., we have lost over five million of our manufacturing jobs, 40,000 factories gone and real wages down across the economy. in fact, true audit, our export growth to countries we do not have fast track trade agreements with is actually 38% higher than those with which we do have the fast track agreements. myth number three, every president since roosevelt has had t.p.a. warning, trick acronym. t.p.a. also is an acronym for trade promotion authority. the cynical renaming of fast track. reciprocal the trade authority act. and that is a mechanism president roosevelt had that only pertained to tariffs. yes, it is true from 1934, the reciprocal tariff act had tariff proclamation authority, t.p.a., totally different thing than the t.p.a. that equals fast track. truth, a handful of presidents since nixon has had fast track. and now for the politics. the question is, will this house of representatives give president obama this extraordinary authority to push through the tr
trade deficit has exploded. since nafta and w.t.o., we have lost over five million of our manufacturing jobs, 40,000 factories gone and real wages down across the economy. in fact, true audit, our export growth to countries we do not have fast track trade agreements with is actually 38% higher than those with which we do have the fast track agreements. myth number three, every president since roosevelt has had t.p.a. warning, trick acronym. t.p.a. also is an acronym for trade promotion...
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you might remember him from the big deficit reduction in 2010. he was part of that and he killed it. also the big bipartisan gang of six. he was part of that ena he killed it. he was about part of the grand bargain in 2011 which was killed by paul ryan. so yes, patty murray and paul ryan are reportedly close to a deal that would kill the sequester, get us a budget, and all sorts of reasonable things that everybody in washington says they want. paul ryan's history of working on deals like this is he likes to be seen working on them before he breaks free and calls them impure and kills what he helped to negotiate. i'm not getting excited about this yet. initial reports are positive, long term prospects are dim. even the babiest of babe steps are steps. in a year like this one, a congress like this one, the most meager signs of progress must be nurtured. so you can see like right here i can just... you know, check my policy here, add a car, ah speak to customer service, check on a claim...you know, all with the ah, tap of my geico app. oh, that's so
you might remember him from the big deficit reduction in 2010. he was part of that and he killed it. also the big bipartisan gang of six. he was part of that ena he killed it. he was about part of the grand bargain in 2011 which was killed by paul ryan. so yes, patty murray and paul ryan are reportedly close to a deal that would kill the sequester, get us a budget, and all sorts of reasonable things that everybody in washington says they want. paul ryan's history of working on deals like this...
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well, i don't believe that racking up trillions of dollars of additional deficit and debt are good things for her. >> reporter: and our thanks to dana bash for that, reporting on the gop trying to woo more women voters. >>> all right. the fbi believes a letter was written and sent by a missing new hampshire teenager, abigail hernandez. she was last seen in october on her way home from school in the town of conway. well, abigail's mother received a letter a month ago. police won't talk about details in the letter, but say they are concerned for abigail's safety. adding that it is possible that she is being held against her will. >>> and while you were sleeping, u.s. defense secretary chuck hagel was on a military transport headed for an unannounced trip to afghanistan. he landed in kabul earlier this morning. is he there to thank the u.s. troops for their service and training afghan training forces, and he'll meet with his afghan counterpart to see if afghan troops are able to defend their own country. >>> as the world mourns the death of nelson mandela, tributes to south africa's first bl
well, i don't believe that racking up trillions of dollars of additional deficit and debt are good things for her. >> reporter: and our thanks to dana bash for that, reporting on the gop trying to woo more women voters. >>> all right. the fbi believes a letter was written and sent by a missing new hampshire teenager, abigail hernandez. she was last seen in october on her way home from school in the town of conway. well, abigail's mother received a letter a month ago. police won't...
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Dec 6, 2013
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however, there's very little long-term deficit reduction in this deal. we're talking about putting off decisions about raising taxes or cutting medicare and social security. we also have a last-minute hangup over unemployment benefits, the extension of unemployment benefits. democrats want that, republicans say they're not that serious about it, it's not clear whether or not democrats are going to put their foot down and say no deal until then. what i think we know is that there will not be a deal today. house leadership aide told me he expects early next week a deal to be announced by patty murray, the democratic chair of the budget committee in the senate. paul ryan, the republican budget committee chair in the house. then the house and senate pass it before christmas. they leave next week actually for their christmas break. so they would end the year on a positive note. it would dramatically reduce the risk of a government shutdown in january and does not resolve our long-term budget issues. >> does it resolve the debt ceiling deadline which is some t
however, there's very little long-term deficit reduction in this deal. we're talking about putting off decisions about raising taxes or cutting medicare and social security. we also have a last-minute hangup over unemployment benefits, the extension of unemployment benefits. democrats want that, republicans say they're not that serious about it, it's not clear whether or not democrats are going to put their foot down and say no deal until then. what i think we know is that there will not be a...
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Dec 8, 2013
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current account deficits since 1999 shows the trend and the discovery of new domestic sources of oil and gas, it reinforces this issue. the country is spending less on imported energy." you can read the full story on bloomberg's website. the front page of "the pittsburgh post-gazette" -- a look at some of the victims from one year ago and a story that will likely get a lot of attention in the week ahead. this is from "the detroit free press" -- you can get more information by logging on to freep.com. next is robert from massachusetts. decline andre in the reason is because we, as a viewed -- when the world our opinion not to go to war, we would not go with our allies. we are ia country that has of thed because one world sees our moral fabric has declined, that is a decline any way. when bush stole the election world looked the --it is not a has way we go about the world. said we havellers the most disrespected presidents. how does the worldview that? it is a holy mentality. then you look at what happened in wall street, the greed that is going on. this is all that. we are meddling in
current account deficits since 1999 shows the trend and the discovery of new domestic sources of oil and gas, it reinforces this issue. the country is spending less on imported energy." you can read the full story on bloomberg's website. the front page of "the pittsburgh post-gazette" -- a look at some of the victims from one year ago and a story that will likely get a lot of attention in the week ahead. this is from "the detroit free press" -- you can get more...
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. >> if you had that deficit of caloric intake. >> we have a camera. >> stop. >> wow. >> they're solving your first world problems, there you go. >> another issue you've been looking at is educational disruption. we've been talking about that, where do you think the winners are? >> that was on camera. is that my age or iq? >> i'm terrified of buying the ulta vista of this. the entrenched -- all the reasons that this part of the economy has failed to adapt are mostly still in place. . i think it'll take a while to unwind and fix itself. we haven't put our bets down on that trend but it's going to be big, it has to be. >> what has to happen before you'll put money on the table for this? >> you know, a lot of people say there's not a lot of money in that because they're college students. come on, that's b.s., budweiser makes a lot of money. we find someone who is making money. >> i think you look good. i do. >> -- a revision to the third quarter gdp. rick santelli standing by in chicago. take it away. >> all right. our second look at third quarter gdp is off the charts out of expectation ra
. >> if you had that deficit of caloric intake. >> we have a camera. >> stop. >> wow. >> they're solving your first world problems, there you go. >> another issue you've been looking at is educational disruption. we've been talking about that, where do you think the winners are? >> that was on camera. is that my age or iq? >> i'm terrified of buying the ulta vista of this. the entrenched -- all the reasons that this part of the economy has failed...
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Dec 10, 2013
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the deficit is going to come down because outlays are frozen and receipts look pretty good. the bigger story is that all this confusion in the markets and corporate america, among investors over fiscal policy, i think, now gets eliminated for a nice stretch, maybe a year and a half, without everyone having to worry about a shutdown or a debt ceiling crisis. that's a good story. >> yeah, that is a good story. is this deal going to get through the house easily? what's going to happen with the tea party members? >> nothing gets through the house easily. it will be a tough one, ross, as we get through thursday and friday. there will be a lot of tea party members .some democrats who don't like another hit on federal employees who can balk. but i think the majority, which will be boehner and the republican leadership with pelosi and most democrats, that coalition that we've seen a couple of times already this year, i think, will prevail on friday and we'll get a deal. >> okay. which as you say would take pressure away from us heading into 2014. does that take away one other potent
the deficit is going to come down because outlays are frozen and receipts look pretty good. the bigger story is that all this confusion in the markets and corporate america, among investors over fiscal policy, i think, now gets eliminated for a nice stretch, maybe a year and a half, without everyone having to worry about a shutdown or a debt ceiling crisis. that's a good story. >> yeah, that is a good story. is this deal going to get through the house easily? what's going to happen with...
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warriors the team overcame a 27- point deficit to win. dennis rodman will be training north korea's basketball team. and eaglecam is trenning. >>> a sea eagle in australia stole a camera and took a selfie. rangers placed it near a river in may to get pictures of crocodiles but you can see, i don't see any crocodiles in the air. an eagle picked it up, took it on a 68-mile journey before setting it down again. >>> and one of these cute faces could be yours starting today for free. the tricity animal shelter in fremont is offering pet adoptions all month long at no charge. >> we're hoping people will choose to give a little animal like nugget a home for the holidays rather than buy a new tv or a vcr or something like that. >> the offer is good for all qualified and approved homes. animals will be spayed or neutered have rabies vaccine and microchip at no cost that usually costs about $150. >>> all right. 5:15 now. and let's check in with liz to see how traffic is moving along. >> good morning. traffic is looking great overall. no big acciden
warriors the team overcame a 27- point deficit to win. dennis rodman will be training north korea's basketball team. and eaglecam is trenning. >>> a sea eagle in australia stole a camera and took a selfie. rangers placed it near a river in may to get pictures of crocodiles but you can see, i don't see any crocodiles in the air. an eagle picked it up, took it on a 68-mile journey before setting it down again. >>> and one of these cute faces could be yours starting today for...
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that deal might include scaling back some of those sequester cuts, finding a little bit of deficit reduction. here's the key thing to focus on, though, right now, alex. the tone. there doesn't seem to be an appetite for another government shutdown. that, of course, bodes well for the economy and washington in general. take a listen to what two lawmakers had to say earlier today. >> keep the budget caps in place, not raise taxes, which is important during this weak economy, and actually avoid a government shutdown. so i'm hopeful that even by the end of this week we'll be able to come together and achieve that. >> i certainly hope as part of it that the negotiators will take to heart what the president had to say. there are working families across america that are struggling. there are unemployed families who need a helping hand. we've got to protect and preserve the safety net in america and give these working families a fighting chance. >> so alex, of course there you have republican rob portman, democrat dick durbin. and you heard senator durbin talking about unemployment insurance. that i
that deal might include scaling back some of those sequester cuts, finding a little bit of deficit reduction. here's the key thing to focus on, though, right now, alex. the tone. there doesn't seem to be an appetite for another government shutdown. that, of course, bodes well for the economy and washington in general. take a listen to what two lawmakers had to say earlier today. >> keep the budget caps in place, not raise taxes, which is important during this weak economy, and actually...
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Dec 3, 2013
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no increase in the deficit. we already know that this bill is going to cost some two or three times what it was purported to cost. and i think the most famous one we've all heard now enough times, you like your doctor you can keep it. if you like your health insurance plan you can keep it. not true. we were tasked on the republican study committee, health committee, to come up with a market-centered approach to health care, which would include no new taxes, no mandate, maintaining the doctor-patient relationship. it's a short bill of 180 pages. it's been reviewed back during the bush administration to increase by nine million to 11 million people who would have health insurance and we think far more than that and there are six titles to this bill, very simple to understand, one is to overturn the affordable care act. that's number one. number two, equalize the tax treatment between an individual and company. what does that mean? i'll use myself as an example. when i worked for my medical group my health insuranc
no increase in the deficit. we already know that this bill is going to cost some two or three times what it was purported to cost. and i think the most famous one we've all heard now enough times, you like your doctor you can keep it. if you like your health insurance plan you can keep it. not true. we were tasked on the republican study committee, health committee, to come up with a market-centered approach to health care, which would include no new taxes, no mandate, maintaining the...
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Dec 6, 2013
12/13
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CNBC
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$100 million in new savings, it would be a mix of fee revenues and pension cuts to help reduce the deficit, help ease the sequester. from reading the take the journal has, they're pretty close. there's some issues remaining, but it could come as early as next week. we still have people coming in and talking about -- >> you've read that headline before, joe. down to the last most difficult item. >> these are small items, though. we're not trying to do anything. i think both sides, we're agreeing to disagree. this would put us past the next election. we will be through another election to see -- you know, to get another chance to vote on it. >> yeah. >> in wall street news, reports say eddie lampert is facing an exodus to his hedge fund. lampert has reduced the reduction technique before. we should point out that just this morning, the news has become officials. lands' end, that spin-off that we've been talking about from some time for sears holding, it, look like the board needs to make a final stage, but sears holding has filed this registration statement saying it is looking to go ahead a
$100 million in new savings, it would be a mix of fee revenues and pension cuts to help reduce the deficit, help ease the sequester. from reading the take the journal has, they're pretty close. there's some issues remaining, but it could come as early as next week. we still have people coming in and talking about -- >> you've read that headline before, joe. down to the last most difficult item. >> these are small items, though. we're not trying to do anything. i think both sides,...
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Dec 5, 2013
12/13
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CSPAN
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speaker, i would say that such policies, if we were to continue, would lead to greater federal deficit, which would eventually reduce the nation's output in income, slightly what would occur under current law. so i believe we should be focused on how we get folks back to work. that is where the house has been focused. unfortunately, after 140-some bills we passed over to the senate, they still await even consideration at all by that body. so with that, mr. speaker, i yield back. mr. hoyer: i thank the gentleman for his comment. we need to have the -- we don't have the time nor the inclination of going through the bills which the gentleman refers as jobs bills. of course we have an alternative and mr. van hollen will be talking about that in terms of jobs, investment, infrastructure, investment in education and growing jobs for our people. but the fact of the matter is, mr. speaker, there are 1.3 million people who can't find a job. to say that they will be disincentivized because we continue to give them some support so they can survive and their families can survive during the period
speaker, i would say that such policies, if we were to continue, would lead to greater federal deficit, which would eventually reduce the nation's output in income, slightly what would occur under current law. so i believe we should be focused on how we get folks back to work. that is where the house has been focused. unfortunately, after 140-some bills we passed over to the senate, they still await even consideration at all by that body. so with that, mr. speaker, i yield back. mr. hoyer: i...
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Dec 9, 2013
12/13
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CNBC
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we have all budget surplus, i walked in with a budget deficit, i now have a $1.2 billion surplus. we're making our economy the opportunity economy where, you know, if you want to build a business, you can -- and you want to get a job, you come to florida. >> your unemployment rate has dropped quicker than any other state, i know that. and you're now -- >> 6.7 -- >> which is below, we got down to -- >> 7%. >> i don't know, yeah. anyway, you're at 6.7%, were you higher? i would think you'd always be below. >> unemployment went from 3.5% to 11.1%. >> where was the national average? >> 9%. >> never got above -- >> i think it was nine when i came -- >> maybe ten. >> i think it was nine when i came in. in the month of october, we generated private sector jobs, my good friend governor perry, only had 12,000 jobs. >> oh, you two guys go at each other. i see that a lot. that's a great rivalry. almost like a football -- >> he was number one. what do you want to be? i want to be number one. so i go after number one. >> what's the minimum wage? >> it's $7.67. >> is that a way to help with dis
we have all budget surplus, i walked in with a budget deficit, i now have a $1.2 billion surplus. we're making our economy the opportunity economy where, you know, if you want to build a business, you can -- and you want to get a job, you come to florida. >> your unemployment rate has dropped quicker than any other state, i know that. and you're now -- >> 6.7 -- >> which is below, we got down to -- >> 7%. >> i don't know, yeah. anyway, you're at 6.7%, were you...
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Dec 10, 2013
12/13
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MSNBCW
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we're worried about the fact that even as the deficit drops long term debt obligations explode. >> if you were there you would try to work out a deal. listening to that comment is representative of where a lot of tea party members are which seems to be unwilling to give a little bit to get something that they may want in the long term. your approach is different. >> i'm not sure what his approach is. but the lunacy of all this is medicare and medicaid is what explodes and 20 years from now takes up every dime of our revenue and we got to figure out a smart, humane way to take care of people who retire 20 years from now so they have medicare, medicaid and social security. >> in texas there's a new tea party favorite hoping to join ted cruz. steve stockman announced he will challenge incumbent -- >> steve stockman. i know him. he's the guy that brings ted nugent to the state of the union address. >> i'll challenge john cornyn. stockman was not expected to do this. he with drew his election for the house and with drew his candidacy before the 6:00 p.m. dead lynn. he said he's running bec
we're worried about the fact that even as the deficit drops long term debt obligations explode. >> if you were there you would try to work out a deal. listening to that comment is representative of where a lot of tea party members are which seems to be unwilling to give a little bit to get something that they may want in the long term. your approach is different. >> i'm not sure what his approach is. but the lunacy of all this is medicare and medicaid is what explodes and 20 years...
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Dec 5, 2013
12/13
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KDTV
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. >> y nuestra thalÍa se prepara para presentar su dÉficit las de la estrella de la fama en hollywood. >> y su compaÑera paulina rubio se prepara para una visita de la corte de hollywood para una demanda. >> y ♪ hay algo positivo que se está generando en california. cuando energía ordinaria se pone en manos de gente extraordinaria, suceden cosas asombrosas. el tipo de cosas que nos impulsan a hacer más, a ir más allá, a ser mejor. nos dedicamos a ser una empresa en la que pueden confiar, porque siempre han sido clientes en los que creemos. tu energía más la nuestra. juntos, no hay limite a lo que podemos lograr ♪ (mÚsica)♪. >> ha llegado la hora y ha llegado el momento de estar todos contentos porque llegÓ ingrid hoffman. >> viene acompaÑada de nuestro querido chef emilio domÍnguez. >> (aplausos). >> bravo!. >> fuera, fuera, fuera, todo el mundo fuera. >> claro que sÍ. >> gracias. >> bienvenidos quÉ onda mi ingrid. >> que gusto estar aquÍ con ustedes. >> que rico y esta compaÑÍa con esta chef tan grande. >> y que rico ¿verdad?. >> vamos a presentar lomos de cer
. >> y nuestra thalÍa se prepara para presentar su dÉficit las de la estrella de la fama en hollywood. >> y su compaÑera paulina rubio se prepara para una visita de la corte de hollywood para una demanda. >> y ♪ hay algo positivo que se está generando en california. cuando energía ordinaria se pone en manos de gente extraordinaria, suceden cosas asombrosas. el tipo de cosas que nos impulsan a hacer más, a ir más allá, a ser mejor. nos dedicamos a ser una empresa en...
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Dec 4, 2013
12/13
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CNNW
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the possibilities of how to cut the deficit, that's all been discussed over and over ad nauseam again. if we talk about spectrum sales one more time, i think people will start passing out. it's all about the political will. is the political will there this time? >> the calculation has been the pain will inspire political will. we haven't seen this before. every time people say it's going to be fine, we're not going to have a shutdown or play chicken with the fiscal cliff and we do. here's what's perhaps a little bit different, the fact they're negotiating in good faith in private is good. the question will be can republicans accept any revenues from closed loopholes or is that off hand? >> they need to cut. they're on solid ground in terms of wanting to cut. they voted for the sequester. that was a mistake. i like the quiet. >> reality check here, both the democrat and republican version are austerity budgets, the question to what degree. >> hopefully they do the smart thing administratively and give the power of cutting back to the agencies. these guys shouldn't be figuring what cuts
the possibilities of how to cut the deficit, that's all been discussed over and over ad nauseam again. if we talk about spectrum sales one more time, i think people will start passing out. it's all about the political will. is the political will there this time? >> the calculation has been the pain will inspire political will. we haven't seen this before. every time people say it's going to be fine, we're not going to have a shutdown or play chicken with the fiscal cliff and we do. here's...